Ripple (XRP) Bullish Times Ahead- A Big October Crypto Rally Incoming, BTC, XDC, VET, XLM, ADA, XYO


Ripple (XRP) Bullish Times Ahead- A Big October Crypto Rally Incoming
Bitcoin returned above $42,000 on Thursday as buyers appear to be gaining strength. The cryptocurrency experienced a volatile September and is down about 11% for the month to date, compared to a 4% loss in the S&P 500 stock index over the same period.
But looking to October, some analysts expect a recovery in cryptocurrency prices. Historically bitcoin generates positive returns in the fourth quarter, according to the data, and that could limit selling pressure.
“Bears start to hibernate” in autumn, FundStrat, a global advisory firm, wrote in a Wednesday newsletter, referring to bitcoin’s tendency to produce positive gains in October.
“Overall, [bitcoin] has fared quite well in October, often following abysmal September performances with meteoric rebounds,” FundStrat wrote. “We think this is useful data for those investors discouraged by recent volatility.”
Historically, equities also produce positive returns in October, albeit vulnerable to volatile swings. November is typically the strongest month for both equities and cryptocurrencies.

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